5, COTTESMORE CLOSE, WEST BROMWICH, B71 3SB - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 COTTESMORE CLOSE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £405,000 in May 2023, which was around 23% above the average May 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

5 COTTESMORE CLOSE Sold Prices

Land registry data shows two sales for 5 COTTESMORE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 5 COTTESMORE CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 15 MAY	£405,000	£328,159	23% above HPI
2018 16 MAR	£271,500	£230,354	18% above HPI

5 COTTESMORE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 5 COTTESMORE CLOSE sales from March 2018 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 5 COTTESMORE CLOSE?

5 COTTESMORE CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 5 COTTESMORE CLOSE lies on this distribution: 47% of detached houses are smaller than 5 COTTESMORE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

5 COTTESMORE CLOSE: Plot and Title Map

5 COTTESMORE CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 5 COTTESMORE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 COTTESMORE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 COTTESMORE CLOSE?

5 COTTESMORE CLOSE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 5 on COTTESMORE CLOSE.